Book some profits in commodity stocks: Religare Sec
August 4th, 2009
Commodities stocks rallied heavily in yesterday’s trade. However, Sangeeta Purushottam, Head-Institutional Business, Religare Securities, advises caution. “The rally was driven on expectations of a significant revival in demand. It would make sense to take some profits right now and wait and watch before getting into taking a call on commodities again.”